Year-end data from CoreLogic shows home prices fell by 4.7 percent over 2011. It marks the fifth consecutive year the company has recorded an annual decline in residential property values. CoreLogic performed a separate calculation, which illustrates just how big an impact distressed sales are having on home prices. The company excluded all short sale […]
Mortgages: Check Those Escrow Statements
When you get a mortgage for your home purchase, if it’s a fixed-rate mortgage, the only amount that is likely to change over the life of your loan is your escrow payment – the amount set aside for taxes and insurance. Industry experts warn that homeowners should look carefully at their own escrow statements, as […]
Debate on Housing Market Would Be Welcomed
Despite an improving economic picture, the housing market remains a drag on the U.S. economy. The Commerce Department says new home sales fell last month, even as median home prices continued to drop. Debate on the housing market amongst the GOP candidates for President would be welcomed by the National Association of Realtors… Questions or […]
Tide Turns for Housing
Jim Cramer of “TheStreet.com” explains why he thinks housing is finally making a turn for the better… Do you think housing is finally starting to make a turn for the better? We’d love to hear your comments. Click the comment link below and sound off.
Home Repairs: Knowing When To Do It Yourself
In these tough times, “Do-It-Yourself” is a tempting way to go for many homeowners looking to save a few dollars on anything from dripping faucet to running toilets. The savings can add up in a hurry when you don’t have to call a repairman, especially for things like painting, plumbing and appliance repair. There are […]
3 Common Home Tax Concerns
From incentives to deductions, taxes are complicated and can be confusing even for the seasoned property owner. Understanding the ins and outs of some common property tax concerns can help save you money and put your mind at ease. Here are 3 very common tax topics relating to real estate: 1. Natural Disaster Relief If […]
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